Every quarter, your ledger and your vendors' ledgers drift - missed invoices, unapplied payments, debit notes nobody booked. Finnoto's email engine requests every SOA, APIs match line items both ways, and every mismatch becomes a ticket that someone owns.
Illustrative product behaviour - values shown are examples.
SOA recon is the classic "important, not urgent" task - until an audit, a vendor dispute or a duplicate payment makes it urgent.
Requesting statements from every vendor, chasing non-responders, and versioning attachments across quarters - the process dies of coordination overhead long before matching begins.
Unbooked debit notes, unapplied advances, GST/TDS rounding, invoices in transit - small gaps left unreconciled for quarters become disputes worth lakhs.
Statutory audit expects external balance confirmations (SA 505). Screenshots and stale Excel recons don't survive scrutiny; a documented, dated confirmation trail does.
However they like - reply with a PDF or spreadsheet, use a secure link, or connect via API for the larger ones. Finnoto parses and normalises all of them into the same match.
The cadence engine keeps nudging - reminders, then escalation to alternate contacts - and the vendor's responsiveness feeds their compliance score. Non-response is visible, not silent.
Yes - every confirmation is dated, attributable and archived per period, giving you an SA 505-style external-confirmation trail for statutory audit without a separate exercise.
Every vendor balance confirmed, every difference owned, every quarter on time.
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